Topic: What people some people don't know about trading (Read 740 times)

; Trading is more or less like gambling, you may use more than 5 years in trading with hard studying and still not get it right, in my little knowledge about trading, I see it as gambling (it's either you make profit or loss).

When someone thinks trading is easy of course they only see people who have been successful in trading but don't see the process they have gone through to become successful as they see so they think that by trading they will be able to easily make a profit and they just realize this. when they have tried it and experienced losses on the trades they made.

Yes, it does mean that to be able to trade, of course we have to be able to learn about trading well, how to analyze the market and we have to know when is the right time to trade and we have to be able to analyze well the type of coin we are going to trade, because if we can't Analyzing correctly, of course, this will make us make the wrong decision to hold a coin which will cause us to experience losses in the trades we make.

There's no such thing about perfection but somewhat its can be called that you do able to make yourself that having that good grasps towards trading and this is something you would really be needing
on which on the time that you do find yourself that being profitable already then this what matter the most. Learning up trading duration isnt something that could be fixed because not
all would really be that the same on how fast or slow they would be able to learn up something. This is why we cant precisely tell on when someone will be able to make themselves profitable.
Some might be slow and some could be fast it would really be just that totally depending on how well a certain person do able to cope up on everything.

Trading isnt really just that for easy money and its not something that you could really be able to grasps in a short period of time. It would really be needing tons of works and
times to be spent with it before you would really be able to make yourself be profitable. Success is still not assured on the moment that you do deal with it.

So many People think trading is very easy because they thinks that since they are good at making predictions they can use that when trading and make profits. People are thinking trading is a quick way to make money but it is not a quick way to make money but a quick way to lose money. Many beginners are losing money because they did not followed guidance when trading, they think trading is like when you are gambling that you can just depend on your luck for you to make profits. Trading requirements are discipline and learning. If you do not take learning how to trade very serious you would not be able to learn the things that can help you when trading to make profits. Some people do not know that if you trade and make profits, you are also learning from your own experiences and making yourself to be very good at trading

What they don't know is that trading is not easy to learn, and what most newbies think is that it is an easy lesson. They are wrong. Because they think that selling is just buying, that's not how trading is designed, so you can actually earn here.

There is a lot to consider here; you really have to learn, and there is no shortcut here for you to learn it; in fact, you really need to go through it to know the indicators that are used here, and it depends on you what you will use when you do the actual trade on an exchange platform that doesn't need to use all the indicators but instead you just buy what you feel comfortable with and you know it's useful for you.

I do agree that spending a year both just learning trading, and also trying to become better and also maybe even trading a bit with small amount of money, will end up with someone becoming a great trader, that's the most important thing. I get that not everyone will be like that and we are going to end up with results that are not awesome at all times, but we have seen greater results one way or another, that should be the key figure here.

I get that we may see some situations change at times, and there are times when even a veteran great trader who is expert at it could still end up with a loss, but that doesn't mean that we are going to get easy solutions, we just get whatever we could and just being better is the end game here, if you are better then that's enough.

Exactly.

Whether you use bots to automate your trades, the results will still vary on what kind of trader you are. A skilled trader with or without the use of the bots will still become profitable.

But with all of the situations that every trader is getting, it's all about how you're going to adjust with the market conditions and people have been misled about bots to do the adjustment with that matter because in reality, it's not.

Its just safe to say that trading will rely greatly on your own skills and strategies towards trading, and not just rely it on bots that won’t guarantee its success and profitability. But one thing is certain, no one gets quick profits with trading, it can be highly possible losing at an instant but you will never make quick profits within a blink of an eye.

People who said that must be people who don't understand trading. If the people are real traders they must know that trading is a complicated job. It is not easy to earn money in trading, only experienced traders with good knowledge that can get profits. People may think trading easy because they never tried it, they only got the story from successful traders. In reality, there are too many failed traders, these people who never showed it to the publics.

Spending more time on a work you love to do gives perfection and almost all the successful traders I have seen today had to sacrifice two or more years learning about trading and to become this perfect in it today. It is not a get rich quick scheme and luck does not resides here, you have to show that you want to do it and you’re doing it to attain perfection as time goes.


Hardwork pays and you can’t outsmart nature and those who have put in effort to get this far in the market. It’s a process and you can’t jump the process to get what you want faster than others that have been there before you.

With that year of span, I guess you already have a good experience in trading so you can lessen the risk even just the basic decision you can now make on your own and not wait for the signals of other people. Trading could be easy money for those who perform well, giving a lot of effort, time, and of course risk with their knowledge and commitment in trading but again not all the time the market is your friend, still there's a risk but with your experience, you can lessen the risk and make a quick decision with the current market situation.

Yeah skills are more useful in trading. No matter capital you start trading without complete knowledge of trading it won't take long with zero capital. So before starting trading you must spend more time in the market and have a full understanding of market analysis money management and support resistance.

Everyone is born from someone who has absolutely no knowledge and experience whatsoever in whatever field they want to work in, meaning it's normal if you don't have any experience or knowledge at all if you are a beginner who has just got involved, but yes, this is another thing. where the real problem that often occurs in beginners is, as you said, that from the start they misunderstand what trading activities actually are, all they know is that trading is a medium for getting money quickly and instantly.

Even though it is clear as you said, whatever the fact is that something has the opportunity to make a profit, there will always be something behind it, namely the possibility of loss or risk which can actually never be avoided completely and this is why a trader can experience losses regardless of whether they are beginners or professional traders. This is the importance of having a rational mindset from the start so that we can have a neutral point of view towards something, meaning not only focusing on the benefits but also by paying attention or studying something to be able to prevent or minimize the possible amount of loss, in the end in any case it is always about having Willingness to learn and be serious because only with this will you have the knowledge and experience to turn decisions into profits.

Even in holding, you can get that amount all of a sudden when the market pumps or the only coin that you're holding pumps.

As for trading, using a bot won't guarantee all of your trades. You're just setting it to trade for you but all the decision of your trades will still depend on you.

It's a good help but if you don't use that oftenly, you'd like to do things manually.

Those who think the wrong way about trading are those who have never gained real trading experiences. It’s obvious actually, and thinking that trading is a quick way to get money are definitely those beginner’s point of view. But just like how others have said, when they start trading with their hard-earned money, that’s the only time they will realize that trading is hard and risky, and it takes a lot of experiences in the market before you end up as a reliable and profitable trader.

Trading quickly is easy but the question is if it will end up very well? Those who said it can justify it because they might be an experienced trader already but we should not expect the same thing will happen to us because our level is not the same as them. Real masters in trading won't brag about their achievements. They can only mentor someone else who are really serious to also become a good trader like them and they will be very honest about their experience.

The figures stated there are still possible to achieve in our sleep or passively if we will use a bot but of course we will need to master the art of trading first in order to put proper commands in the bot.

On the time that you would be starting trading or simply being a noob, then these are the things that you would really be able to think up.

1. Easy profits or Easy trades
2. Buy low Sell high concept
3. Do easy to understand chart technicals and fundamentals.

On the time that you would really be able to experience trading for yourself or on the time that you would really be having that kind of
realization that those things above isnt something that could really be easily obtained. Due to unpredictability then you would really be freaking out
on the time that you've seeing that all of the things you have done isnt something that too easy for you to determine with those exact points.

Some people earn money with a single trade at the start and they think that they become a master in trading but with the passage of time they realize that becoming a trading master is not an easy thing. For trading you will have to use your learned skills and without learning success will be hard for you to achieve therefore only losers will think about quick profit whereas an expert never entered into the trading with the concept of quick earning.

The main cause of defeat in trading is primarily lack of knowledge after which greed plays a crucial part in the defeat of traders. After learning you cannot say that your knowledge is completed because masters in trading are still learning from their mistakes and get knowledge according to the newly arising technologies so how newbies can say that their knowledge is completed.

Trade is a sector where money comes in and goes out quickly, much like gambling. Once you master trading, you can earn good profits very quickly. Very few people can maintain consistency in learning a trade. Some people work for months on learning a trade but give up at some point. Trading requires constant learning of strategies and strategies are being innovated daily. If you don't have enough time and patience then you cannot progress in this sector. If you have extra money which you don't mind losing then you can continue to trade with the money otherwise you are going to lose it all very soon.

In contrast to the way you can make money quickly from trading, you can lose your money very quickly. Trading is not an easy task at all, you need to know a lot about trading and spend a good amount of time here. However if you start trading in the beginning you may not earn profit on the contrary you may lose your funds And someone who doesn't know how to trade can take years just to learn how to trade well, even if that person starts. That's why it shouldn't be thought too easy and the way to earn huge profits overnight from here is quite difficult and time consuming.